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A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

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Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#401

Post by TylerE »

PH95VuimJjqBqy wrote: post #377
SauciestGNU wrote: post #361

Earlier quoted context omitted.

Dude you lost your job because of closed-minded bigotry and you're still confused why people might prefer to avoid those locations? For lots of people the stakes aren't being fired, they're being murdered. If you're fired for being agnostic how safe do you think a transgender person is where you are?

https://www.youtube.com/watch?v=Zhl9MLno424 go watch that and understand that conservative areas where BY FAR more supportive than New York. This is a common trope amongst youtubers and they _consistently_ find that these conservative areas are more accepting than the liberal areas such as New York. And they're more willing to speak up. But go on, explain to me why an asshole defines the entire region. I want to hear…

Respectfully: horseshit. That’s the sort of twisted thing conservatives love to say abouy themselves without understanding ding what actual acceptance even looks like.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#403

Post by stale2002 »

wolverine876 wrote: post #390
PH95VuimJjqBqy wrote: post #379

Earlier quoted context omitted.

ultimately, when someone takes this stance what they really mean is that nothing is knowable so you're a terrible person for judging someone as if you know something! sue me. I think food for someone without food is more important than a middle class person being able to drive a brand new car. You can manipulate language as much as you want, I will still judge you for that opinion. A large part of why I made the post…

What about it angers you? Do you have a personal experience with it? From what I can see, we're talking about real estate, not usually an inflammatory subject. Nobody else seems angry, but you seem to have something to be angry about. I can tell you from my experience, whatever it is, you seem to apply it to me. You're attributing things to me that I haven't said nor have they crossed my mind, and attacking me about…

The problem is that you are playing a word game that ignores anything that actually matters. Thereby destroying any interesting conversations that could be had about a topic.

And you are doing it in the worst way possible where you get to be technically correct, but correct in a way that is completely irrelevant to what anyone else is saying and is also worthless.

Here is how this conversation basically went.

Other person: "I like these very common qualities about housing that many other people also like. This is proved by the fact that houses with all these qualities have much higher demand and price".

You: "Whoa dude. Have you consider that everything is relative? And that there is no way to prove that those qualities are better than other qualities?

What about a person who really likes their house to be burnt down. Or to have rats in their walls. Or to have high crime and being in constant danger. Nothing is better or worse dude!"

All of this is completely worthless commentary. Yes, it is technically true that I cannot use math or science to prove that certain qualities about a house are better or worse.

But that doesn't matter. Because we live in the real world and it is perfectly ok to generalize preferences without getting into the fact that I cannot prove to the universe that some qualities are better than others.

Instead, we can just generalize things based on obvious and common preferences.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#404

Post by buzzert »

deegles wrote: post #212
TylerE wrote: post #190

Earlier quoted context omitted.

Why would people pay hundred a month for complicated broadband internet? All you need is a modem and AOL. That’s basically your argument. Living in a LCOL area is not comparable to living in NYC. There is a reason millions want to live in NYC and almost no one actually wants to live in, say, Iowa.

And it's a reason why "just build denser housing" is not a complete solution. More density makes an area more desirable, so prices will remain flat or in rare cases increase since the demand continues to outstrip supply. I believe the solution involves dramatically looser building regulations and major investment in public transit (essentially, get to Tokyo levels of density). Places like SF or NYC are in that uncann…

> major investment in public transit (essentially, get to Tokyo levels of density).

FYI, the trains in Tokyo are privately run by corporations.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#405

Post by sofixa »

lokar wrote: post #129
sofixa wrote: post #123

Earlier quoted context omitted.

> Landlords basically have no other option, we don't really have a credit score system like the US does, so it's much harder to verify how trustworthy you are. There are agencies that can tell you if somebody's currently in debt or not, but as far as I'm aware, somebody with no credit history is basically indistinguishable from somebody with "good" history. And that's actually good. What more could you possibly need…

Some people have a long history of non payment, damages to property and evictions. If you can’t filter these people out you get an adverse selection kind of problem and everyone pays (one way or another)

And if they make revenues and aren't overburdened by debt, you can sue them to recoup the damages from those revenues.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#406

Post by vr46 »

lifestyleguru wrote: post #352
vr46 wrote: post #341

Earlier quoted context omitted.

Yes, well, the kitchen - AND ALL THE LIGHTS IN THE HOUSE - were removed by the previous tenants. This is so fucking stupid it deserves a dedicated room in the Museum of The Stupid. Kitchens are so fitted to the physical rooms they are in, they are basically part of the house like walls, floors, ceilings and doors. It's totally mad, isn't it!

Argument I heard every time while in Germany "some people like to take the kitchen with them"... apparently they take all these fitted furniture and do something with it. Then yeah, lightning and sometimes even the flooring.... first days in new place in absolute darkness. Still the deposit is three months in case you damage... what exactly? ADSL internet from Vodafone or some other scum is the ultimate blow.

Germany must have inspired whoever wrote the Richard Pryor film, 'Moving' when he arrives in Boise to find that the sellers of his new house were not kidding when they said "we're taking everything with us"...

And yes, darkness, there was literally no light whatsoever in either of the bathrooms unless our next-door neighbour helped out with some basic light fittings he had kicking around...

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#407

Post by notyourwork »

PH95VuimJjqBqy wrote: post #288
notyourwork wrote: post #262

Earlier quoted context omitted.

I’m not making excuses. I’m highlighting what reality is. Big cities are big because of people population. Why are a lot of people there? Because of work, lifestyle preference or both. That’s not an excuse, that is reality. I don’t want to live in the middle of no where even if the entire mortgage is less then my 20% down payment for something closer to a big city. Economics speak for themselves. Stop pretending dema…

> I don’t want to live in the middle of no where even if the entire mortgage I think you should start visiting these areas before you say that. It takes me less than 5 minutes to get to 2 different grocery stores, a theater, a market dedicated to fish, a greek restaurant, a Mediterranean bar, a mexican restaurant (very good btw), Target supercenter, Lowes, various stores dedicated to clothes, one dedicated to hobbies…

I grew up in a Midwest farm town with a population below 10,000 people. I’m well aware of what they have to offer and it’s not what I want in life. I think you should stop taking offense to my comments and realize they are just stating the broad reality.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#408

Post by angra_mainyu »

no_wizard wrote: post #133
conductr wrote: post #119

Earlier quoted context omitted.

> Old people in Texas get their property taxes frozen I believe at 65. True but if you're turning 65 after you're tax bill has grown 10% for over a decade as your transitioning to your fixed income years; it's not a good thing just to freeze the tax bill. You might not have time to earn and save enough to cover the value it gets frozen at. It does help soften the blow for many though. > But honestly it might be bette…

If you despise that thinking, then we need to regulate the housing market to discourage seeing housing as an investment as we see it today. Everyone expects, more or less, for real estate to climb in value but nobody wants to square that with these other emotional ideas attached to housing. It either is an asset or it’s a commodity as far as the market goes. If you want generational housing and for housing to be gene…

> If you despise that thinking, then we need to regulate the housing market to discourage seeing housing as an investment as we see it today

Quite the opposite, regulation of the housing market rarely ends well. There's quite a few countries that can speak to the horrible deadlocks that occur when regulation suffocates the housing market.

There's nothing particularly wrong with investment per se, now if you make the market so regulated such that there's no competition, you're destroying any kind of forces that push the price down, or if you make the investment so costly the prices go up to compensante.

Heck, there's even countries where the regulation was so insane it was far better to hold an empty home than to actually rent it out.

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#409

Post by egorfine »

vr46 wrote: post #342
egorfine wrote: post #216

Earlier quoted context omitted.

I have lived for a few short times in Berlin and around during the last 10 years. I have a strong feeling that "worst decor and electrics, terrible ventilation and mould" is indeed an actual high-end housing in Berlin. A modern bright renovated house with brand new appliances would definitely be frowned upon by a typical german landlord.

Ourselves and the landlord are dealing with all the issues, bar a complete rewire, and a new bathroom is the next thing on the cards. There isn't enough money in the system to fund the operational costs of housing here. Inflation and regulations have pushed the costs of improvements into the sky - like some new reg coming in saying that ALL new roofs after 202X must have solar panels and gold plating and be made of V…

That explains a lot, tbh

Re: A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

#410

Post by bombcar »

tzs wrote: post #399
bombcar wrote: post #104

Earlier quoted context omitted.

Property tax on owner-occupied residential property everywhere should have a "replace it with a lien against the property" option - some states have it. The exact situation you're referring to caused Prop 13 in CA, and something has to be done before something like that gets enacted.

Doesn't that approach just defer the tax until the property was sold? If so I wonder if that can create the opposite of the problem of elderly people being forced out by rising taxes. Namely someone who wants to move out but can't afford to because after all the deferred taxes are paid from the proceeds of a sale they won't have enough left for another place.

That’s easy enough to create a deferral around, and allow the lien to transfer.

Again, these things are already done in other states, and it doesn’t have to be perfection, just better than it currently is.

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